Home » Sudan offers OVL 3 more oil & gas blocks for exploration

Sudan offers OVL 3 more oil & gas blocks for exploration

Sudan offers OVL 3 more oil & gas blocks for exploration
Shares

Sudan has offered ONGC Videsh Ltd three more oil and gas blocks for exploration and production and invited Indian firms to set up a coastal refinery to boost fuel supplies to the African continent. The offer made by visiting Sudanese Oil Minister Mohamed Zayed Awad is part of the African nationÂÂīs efforts to seek greater energy engagements with India, to which it owes $240 million in oil dues. OVL already has a 25 per cent stake in Greater Nile Oil Project (GNOP) in Sudan that produces about 50,000 barrels of oil per day.

Leave a Reply